New ETFs Enable Investors to Harness Research Powerhouse’s Ranking Systems…
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Direxion Investments announced that it has launched three Strategic Beta ETFs which track indexes from Value Line. The ETFs will apply Value Line’s well-known Performance, Timeliness™ and Safety™ Ranks to identify high-dividend-yielding stocks in the Small-, Mid-, and Large-Cap Equity categories, and lower-volatility stocks for a Conservative Equity strategy.
“Value Line has been a top provider of independent investment-related information for 85 years. Generations of investors have depended on their high-quality research to make investment decisions. We’re glad to team up with them to offer investors a transparent, liquid and cost-effective way to benefit from their time-tested research,” said Brian Jacobs, President of Direxion Investments. “These three ETFs give conservative and income-oriented investors the ability to utilize Value Line’s popular ranking systems to potentially improve their risk-adjusted returns.”
New ETFs:
Direxion Value Line® Small- and Mid-Cap High Dividend ETF (VLSM)
Direxion Value Line® Mid- and Large-Cap High Dividend ETF (VLML)
Direxion Value Line® Conservative Equity ETF (VLLV)
Value Line compiles and manages the indexes, which start with select criteria for each category. The indexes’ holdings are determined once the appropriate Value Line proprietary Price Stability, Timeliness, Financial Strength and/or Safety Ranks are applied. All companies in the indexes are equally weighted for added diversification.
Dividend-yielding and defensive stocks have been a mainstay for long-term investors. Value Line has offered data and research for over eight decades, to help individual stock investors build portfolios with improved risk-adjusted returns. Combined with Direxion’s robust ETF platform and product development expertise, the new ETFs allow easy access to strategies from which investors may benefit.
“Direxion’s lineup of ETFs shows the firm understands that investors need thoughtful ways to approach investing,” said Howard Brecher, CEO of Value Line. “We look forward to working with Direxion to offer strategies that provide exposure to the dividend and conservative stocks that our research indicates are among the best in their categories.”
Source: ETFWorld.com
WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)
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